awesome indicator
Awesome oscillator technical indicator shows clearly what is happening to the market driving force at the present moment?. Awesome oscillator is formed using the difference between the 34-period and 5-period simple moving averages of the midpoints of bars (H+L)/2. Awesome oscillator shows the picture of what is happening to the market conditions by plotting through bar charts in the middle of the charts for proper indications of market performance.
the attached file contains awesome indicator developed using iguidestocks formula language as a custmized indicator.
The custmized indicator is developed as is and also been developed using Mahesh Moving Average and for the result which came when using ( period 15 40 ) is excellent and beat the market most of the time.
I would suggest user who do long term invested but still would like to get out and ge in at correct time should start using it. (Mahesh Moving average with awesome indicator ).
Please check it out.
To use these indicators on iguidestocks need to do following
Here are instructions
1.unzip the attached file and put it in a folder ( lets say c:\\myindicators) attached file contains 2 .fl files one with sma and another with mma
2. open iguidestocks click on customized indicator icon , which is right of smiley face in graphs icons
3.it will open indicator directory you should go to c:\\myindicator directory
4. apply one of them and you will see the indicator drawn
now follow same process and apply another one
Regards
Sweta